| gen. |
in the ordinary course of business (In the course of business of mercantile men generally, not those engaged in a particular trade. Romeo v Martucci 72 Conn 504, 45 A 1. A sale such as made in the regular course of business, not one such as will be made only a few times in the life of a merchant. Sternberg v Rubenstein, 305 NY 235, 112 NE2d 210, 36 ALR2d I 136. According to the usages and customs of commercial transactions. Christensen v Farmers' Warehouse Asso. 5 ND 438, 67 NW 300.
As to whether sales are made in "ordinary course of trade or business" within the meaning of the Federal income tax rules as to property deemed held primarily for sale to customers in ordinary course of trade or business, see Anno: 46 ALR2d 649.Ballentine's Law Dictionary Alexander Demidov) |
